Vietnam Business Law is a website managed by lawyers of Venture North Law Limited (VNLaw). Venture North Law Limited (VNLaw) is a Vietnamese commercial law firm. We won the Rising Law Firm of the Year Award at the Southeast Asia Law Awards for the years 2020 and 2021 held by The Legal 500. Very few Vietnamese law firms have achieved a similar regional recognition.
Decree 15/2015 on private public partnership (PPP) investment was issued in February 2015 and will take effect from April 2015. Decree 15/2015 will replace the current regulations on, among other things, BOT and BT investment (Decree 108/2009) and the ad-hoc regulations on PPP investment (Decision 71/2010). The following are salient points of Decree 15/2015:
Net neutrality became a hot topic after the F.C.C approved net neutrality in the US earlier this week. It may be interesting to look at the situation of net neutrality in Vietnam. There is no clear or specific provision in Vietnamese law which requires an internet service provider to treat all contents transferred by its network equally and not to hinder or slow down applications and services on the internet. However, it may be useful to know that, in Vietnam:
The Securities Law 2006 requires any securities issued by a public company to be registered with the Vietnam Securities Depository Centre (VSD). The term “securities” includes, among other things, shares, bonds, warrants, options, future, and “investment contracts”. The registration at VSD is to record the ownership rights and other rights of the securities holders.
Before 1 July 2014, a project, which encounters difficulties and has its construction or operation temporarily suspended, may be entitled to exemption from land rental subject to approval by the relevant licensing authority.